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South Africa: Developments in the automotive industry creating optimism for manufacturing sector

South Africa: Developments in the automotive industry creating optimism for manufacturing sector
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Developments in the South African automotive industry creating optimism for manufacturing sector – AfricaBusiness com

Developments in the South African automotive industry creating optimism for manufacturing sector – AfricaBusiness com
africabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africabusiness.com Daily Mail and Mail on Sunday newspapers.

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Developments in the South African automotive industry creating optimism for manufacturing sector

The amended Automotive Production Development Programme (APDP) regulations, legislated in Schedule No.3 of the Customs and Excise Act, were released by the South African Revenue Service (SARS) just over a year ago, on 5 February 2021. The APDP is essentially South Africa’s long-term masterplan to grow the automotive industry. The production incentive scheme is aimed at creating an environment that enables registered light motor vehicle manufacturers to significantly grow production volumes and .

South africaSouth africanBaker mckenzie afCyril ramaphosaAutomotive production development programmeIndustrialist funda south africanAfrican union peer review mechanismAfrican revenue serviceExcise actSouth african revenue serviceSouth african president cyril ramaphosaPresident ramaphosaBlack industrialist fundAfrican continental free trade areaBaker mckenzie

Sona 2021: Let s support businesses and individuals most affected

Sona 2021: Let s support businesses and individuals most affected - Ramaphosa 11 February 2021 8:47 PM Share This: President Cyril Ramaphosa s address focuses on COVID-19, economic recovery and reforms as well as the fight against corruption. Speaker of the National Assembly, Ms Thandi Modise, Chairperson of the National Council of Provinces, Mr Amos Masondo, Deputy President David Mabuza, Former President Thabo Mbeki and Mrs Mbeki, Former Deputy President Phumzile Mlambo-Ngcuka, Former Deputy President Baleka Mbete, Chief Justice Mogoeng Mogoeng and esteemed members of the judiciary, Ministers and Deputy Ministers, Honourable Members of the National Assembly, Honourable Members of the National Council of Provinces, Dean of the European Region, representing the Diplomatic Corps, HE Mr Beka Dvali,

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FULL SPEECH | Ramaphosa lays out govt s four main objectives for 2021 Here are the key points

President Cyril Ramaphosa has laid out four pillars that the government is focused on for this year: dealing with Covid-19; accelerating economic recovery; creating jobs and inclusive economic growth; and fighting corruption and strengthen the state.

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